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Update: Manchester United Shares Rise After Fiscal Q3 Swings to Profit

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(Updates to add stock move in the headline and the first paragraph.)

Manchester United (MANU) shares rose 15% in Wednesday trading after the company swung to a fiscal Q3 profit and beat revenue expectations.

The company reported a fiscal Q3 adjusted earnings Wednesday of 0.0295 British pounds ($0.04) per share, swinging from a loss of 0.0319 pounds a year earlier.

A single analyst surveyed by FactSet expected a loss of 0.0434 pounds.

Revenue for the quarter ended March 31 was 189.5 million pounds, compared with 160.5 million pounds a year earlier.

Two analysts polled by FactSet expected 167.1 million pounds.

For fiscal 2026, the company raised its revenue outlook to the range of 655 million pounds to 665 million pounds, from prior guidance of 640 million pounds to 660 million pounds. Three analysts polled by FactSet expect 653.4 million pounds.

Price: $22.58, Change: $+2.86, Percent Change: +14.50%

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